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Transcripts For BBCNEWS BBC News 20240707

hospice. china launches several ballistic missiles into waters around taiwan following a senior us leader s divisive visit to the island. the bbc announces an independent review into the allegations surrounding tim westwood, and his conduct when he worked for the company. and how disposable face marks are affecting birdlife in 23 countries around the world. the bank of england has given a very downbeat assessment of the state of the economy, warning that it will fall into recession this year. it forecasts the economy will shrink in the final three months of 2022, and keep on drinking until the end of next year. inflation, the rate at which prices rise, which the bank forecasts will rise to over 13%, driven by the sharp rise in energy bills. in an effort to curb soaring prices, the bank of england raised interest rates by 0.5% to i.75%, the biggest in 27 years. our economic editor has this report. prices are inflating, interest rates are going up and the economy in general is

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